data brief

94% of Consumers Who Use Overdrafts for $400-Plus Expenses Face Financial Hardships

94% of Consumers Who Use Overdrafts for $400-Plus Expenses Face  Financial Hardships
94% of Consumers Who Use Overdrafts for $400-Plus Expenses Face Financial Hardships
January 09, 2024  |  Consumer Insights

In challenging economic times, accessing credit is vital for many individuals, particularly those living paycheck to paycheck. Get the Full Story Complete the form to...

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Larger FIs More Likely to Use AI and ML to Fight Financial Crime
Larger FIs More Likely to Use AI and ML to Fight Financial Crime
January 08, 2024  |  Fraud Prevention

Financial institutions (FIs) are increasingly recognizing the importance of fraud-fighting technologies as they confront more sophisticated fraud and financial crimes. In fact, the surge in...

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48% of Consumers Look Beyond Their Primary Bank for Mortgage Loans
48% of Consumers Look Beyond Their Primary Bank for Mortgage Loans
January 05, 2024  |  Loans

Traditionally, consumers rely on their primary financial institutions (FIs), such as banks or credit unions (CUs), for credit products like credit cards, mortgages, auto loans...

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1 in 5 Consumers Pay Auto Loans With Mobile Wallets
1 in 5 Consumers Pay Auto Loans With Mobile Wallets
January 04, 2024  |  Mobile

Mobile wallets have gained immense popularity among consumers, not only for making in-store purchases but also for their ability to manage finances and store sensitive...

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1 in 10 Consumers Use BNPL for Emergency Expenses
1 in 10 Consumers Use BNPL for Emergency Expenses
December 29, 2023  |  BNPL

Financial struggles are a constant challenge for those with limited access to credit, especially when unexpected emergencies arise. Get the Full Story Complete the form...

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Nearly Two-Thirds of Renters Highly Satisfied With Receiving Refunds Instantly
Nearly Two-Thirds of Renters Highly Satisfied With Receiving Refunds Instantly
December 28, 2023  |  Digital Payments

Just as digital options have gained popularity for paying rent directly from a bank account, the digitization of refunds has also gained momentum. In fact,...

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BNPL and Digital Wallets High Priority for PayFacs and Marketplaces
BNPL and Digital Wallets High Priority for PayFacs and Marketplaces
December 22, 2023  |  Retail

Embedded payments can open the door to monetizing new revenue streams, deepening customer engagement and growing new lines of business. However, retail marketplaces, payment facilitators...

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15% of Consumers With Dating Apps Opt for a Paid Subscription Service
15% of Consumers With Dating Apps Opt for a Paid Subscription Service
December 21, 2023  |  Mobile

Dating apps have revolutionized the way people meet and connect. In the U.S., more than 70 million consumers log in to these apps each month,...

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